The auditors are flagging cash flow problems in the near term as indicated below:
"To meet the Group’s funding requirements as and when they fall due the Consolidated Entity will need to take appropriate steps, including a combination of:
● Raising capital by one of or a combination of the following: placement of shares, rights issue, share purchase plan, etc;
● Potential debt financing of the R&D tax incentive so the Group can receive the money in advance; and
● Defer certain R&D expenditure to the future to reduce the cash outflows."
Kens
Ann: Appendix 4D and Half-year Financial Report, page-7
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